FNB(FNB)
Search documents
FNB Enhances Bank Operations With New Structure
Prnewswire· 2024-06-17 15:00
PITTSBURGH, June 17, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB), the parent Company of First National Bank, today announced it has enhanced its Bank Operations with a single, streamlined reporting structure. The updates are designed to enable FNB to more effectively apply automation, drive efficiency and innovation, further strengthen FNB's focus on risk management and create a superior customer experience. Justin Kurth leads the merged Bank Operations organization in his new role as Executive Vice ...
FNB's eStore® Named Best Digital Initiative Nationally
Prnewswire· 2024-06-10 17:00
Core Insights - F.N.B. Corporation's eStore® was awarded the Best Digital Initiative at the 2024 Banking Tech Awards USA, recognizing its successful technology-driven customer banking initiative [1][5] - The eStore is part of FNB's omnichannel banking strategy, Clicks-to-Bricks, aimed at enhancing customer engagement and convenience [3][4] - FNB has received multiple accolades for innovation, including being named a Model Bank for Omnichannel Retail Delivery by Celent in 2023 [6] Company Overview - F.N.B. Corporation operates in seven states and the District of Columbia, with total assets nearing $46 billion and approximately 350 banking offices [10] - The company provides a comprehensive range of commercial banking, consumer banking, and wealth management solutions through its subsidiary network [8] - FNB's consumer banking segment includes various products such as deposit products, mortgage lending, and a full suite of mobile and online banking services [8] eStore Features - The eStore is accessible via digital devices and interactive kiosks in FNB's branches, allowing customers to manage their banking relationships flexibly [2][3] - In 2023, FNB launched the eStore Common app, enabling users to apply for multiple products with a single application, significantly reducing application time and keystrokes [4] - The Common app is unique in the banking industry and aims to enhance the customer experience by streamlining the application process [4] Awards and Recognition - At the Banking Tech Awards USA, FNB was also recognized as a finalist in categories such as Best Use of Tech in Consumer Banking and Best User/Customer Experience Initiative [5] - The recognition at the Banking Tech Awards adds to FNB's growing list of national and international awards for innovation and leadership [6]
Moody's Reviewing Six Regional Banks for Possible Downgrades
Investopedia· 2024-06-07 16:35
Key Takeaways Moody's put six regional banks on a review for possible downgrades because of their exposure to potentially risky real estate loans. Those under review are First Merchants, F.N.B., Fulton Financial, Old National Bancorp, Peapack-Gladstone Financial, and WaFd. Moody's said "higher-for-longer interest rates" highlight the risk banks face holding commercial real estate paper. Shares of six regional banks declined Friday, a day after Moody's placed them on a long-term ratings review for possible d ...
Why Is F.N.B. (FNB) Up 10.1% Since Last Earnings Report?
zacks.com· 2024-05-17 16:36
It has been about a month since the last earnings report for F.N.B. (FNB) . Shares have added about 10.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is F.N.B. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. F.N.B. Corp Q1 Earnings Beat, Provisions Decline Y/Y F.N ...
F.N.B Corp. (FNB) Rides on Loans, Rates Amid Weak Asset Quality
Zacks Investment Research· 2024-05-13 12:41
F.N.B Corp. (FNB) is well-poised for revenue growth on the back of steady loan demand and efforts to bolster fee income. Higher interest rates and a strong balance sheet position are other tailwinds. However, rising expenses and weak asset quality are major concerns.F.N.B. Corp. is focused on its revenue growth strategy. The company’s revenues witnessed a five-year (2018-2023) CAGR of 5.4%. Net loans saw a CAGR of 7.8% over the same time frame. The company is strategizing to bolster non-interest income by e ...
FNB(FNB) - 2024 Q1 - Quarterly Report
2024-05-08 16:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 For the transition period from to Commission file number 001-31940 F.N.B. CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 25-1255406 (State or other jurisdictio ...
F.N.B. Corporation Declares Cash Dividend of $0.12 on Common Stock
Prnewswire· 2024-04-30 20:00
PITTSBURGH, April 30, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced its Board of Directors declared a quarterly cash dividend of $0.12 per share on its common stock. The dividend is payable on June 15, 2024, to shareholders of record as of the close of business on June 6, 2024. About F.N.B. CorporationF.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB's market cover ...
FNB's Workplace Culture Continues to Excel
Prnewswire· 2024-04-24 13:34
Additional National Awards Demonstrate Strength of Company, Leadership and Employee Experience PITTSBURGH, April 24, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today that its banking subsidiary, First National Bank, has been honored as a Top Workplaces National Culture Excellence Awards winner by Energage, an independent research firm specializing in workplace engagement and organizational health. Based solely on internal feedback, the awards highlight the priority the Company places on e ...
F.N.B. Corp (FNB) Stock Slides 2.2% Despite Q1 Earnings Beat
Zacks Investment Research· 2024-04-18 12:56
F.N.B. Corporation’s (FNB) first-quarter 2023 adjusted earnings per share of 34 cents outpaced the Zacks Consensus Estimate by a penny. However, the bottom line reflects a decline of 15% from the prior-year quarter.The results were primarily aided by a decline in provisions and higher non-interest income. However, lower net interest income (NII), a fall in average loans and deposits balance and an increase in expenses were the undermining factors. Probably due to these concerns, shares of the company lost 2 ...
FNB(FNB) - 2024 Q1 - Quarterly Results
2024-04-18 11:31
F.N.B. Corporation Reports First Quarter 2024 Earnings Reports Record Tangible Common Equity Ratio (non-GAAP) of 8.0% and Strong Non-Interest Income of $87.9 Million On an operating basis, first quarter of 2024 earnings per diluted common share (non-GAAP) was $0.34, excluding $0.02 of significant items impacting earnings per diluted common share. By comparison, the first quarter of 2023 was $0.40 per diluted common share (non-GAAP) on an operating basis, excluding less than $0.01 of significant items impact ...